General Electric Related Content

Wharton/UofP: GE Capital Sale ‘Been Worth the Wait’

University of Pennsylvania, Wharton School management professor Michael Useem said the idea of a GE Capital sale “has been under discussion for a long time. It was better for GE to wait to get a good price, and it’s been worth the wait.” read more

Bloomberg: Oaktree Has Interest in GE Capital Assets

Bloomberg reported Oaktree co-chairman Bruce Karsh said Oaktree Capital Group is evaluating parts of General Electric, with “serious interest in a few things.” read more

GE Limits Sponsored Finance Bidders to 12

According to Reuters, General Electric has sent out nondisclosure agreements to 12 potential bidders of its sponsored finance business, which includes Antares. read more

GE Capital Q1/15 Net Loss of $14.7B After ‘Exit Impacts’

In a special report on Q/15 earnings, GE said GE Capital’s operating results, after the effect of “exit impacts,” was a net loss of $14.7 billion. GE also notes with regard to its GE Capital portfolio strategy, this is an “excellent environment for creating value from financial assets.” read more

NYT: Investment Bankers Will Feel the Pain of GE Capital Spinoff

The New York Times notes in a report that shrinking GE Capital will keep M&A practitioners busy for a while, but borrowing by the financial giant has been the biggest moneymaker for investment bankers over the last 15 years. read more

GE Capital Will Look Like a Captive in 2018

In a research report, Zacks Equity noted the only financial operations that will be retained by General Electric will include verticals like GE Capital Aviation Services, Energy Financial and Healthcare Equipment Finance. read more

GE Shares Finish at Highest Level Since 2008

According to a RTT News report, GE shares closed up by 2.78 at $28.51 on the highest volume of the year after announcing its decision to sell most of GE Capital. The stock finished at its highest level since September 2008. read more

General Electric Said to Be Selling RE Holdings

The Wall Street Journal reported that General Electric is close to selling off most of its $30 billion in real-estate holdings. The Journal said GE was in talks with the Blackstone Group and Wells Fargo. read more

Immelt: GE Capital ‘Must Enhance, Not Distract’

In his letter to shareholders, GE chief executive Jeff Immelt said, “To be clear, GE is an industrial company first and foremost. GE Capital must enhance our industrial competitiveness, not detract from it.” read more

GE Forecasting 10% Profit Rise; GE Capital 33%-35% of EPS

Bloomberg reported GE is forecasting a profit rise in its industrial units will rise at least 10% in 2015. Total operating earnings will be about $1.70-$1.80 per share with earnings from GE Capital of about $0.60 per share. read more

Fitch: GE’s IPO Poses Little Risk to Credit Card ABS Ratings

According to Fitch Ratings, GE’s plan to take its North American retail finance business public is not likely to affect existing GE Capital Credit Card Master Note Trust. read more

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
Susie Angelucci
Advertising: 484.459.3016

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.